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Andy's Frozen Custard

Eldorado Pkwy & Frisco St, Frisco, Texas 75033

Price:
$1,275,000
CAP Rate:
5.88%
NOI:
$75,000
Net Rentable Area:
5,000 SF
Lot Size:
0.93 Acres
Year Built:
2018
Status:
SOLD

Download the Offering Memorandum for details about the tenant, lease, financials, and more.

Property Details

  • 20 year NNN ground lease with five 5-year options
  • Lease to commence mid-May 2018
  • New 2018 construction
  • Last of the few remaining retail opportunities with Eldorado frontage on a booming anchor corridor
  • Flexible zoning and no restrictive covenants
  • Affluent Dallas-Ft Worth MSA with average household income is $130,431 within a one mile radius from the site
  • Located just north of the Frisco Center Business Park
  • True passive investment in a tax free state
  • Escalations every five years, written into the lease,to hedge against inflation

RECENT LISTINGS

GET IN TOUCH WITH US

DIRECT:

818.907.9525

OFFICE:

818.212.2730

Email:

Corporate Office:

16830 Ventura Blvd. Suite 100, Encino, CA 91436

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